P&I club passenger liability limits fall short: Marsh JLT

Credit: iStock/mikolajn

Passenger liability limits in the protection and indemnity (P&I) market are inadequate for today’s booming cruise industry, according to a new report on the sector by Marsh JLT. Mark Cracknell, head of P&I at Marsh JLT, said P&I clubs insuring cruise liners are having to cover more than the $2bn sublimit for passenger liability set by the International Group, in…

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